CTO Realty Growth, Inc. (NYSE:CTO) Receives $24.50 Average Target Price from Analysts

CTO Realty Growth, Inc. (NYSE:CTOGet Free Report) has been given an average rating of “Buy” by the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $24.50.

CTO has been the topic of a number of research reports. Raymond James Financial reissued a “strong-buy” rating and set a $25.00 target price on shares of CTO Realty Growth in a report on Monday, June 29th. Weiss Ratings raised shares of CTO Realty Growth from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, August 7th. Huntington began coverage on shares of CTO Realty Growth in a research report on Tuesday, August 11th. They set an “outperform” rating and a $24.00 price objective for the company. Alliance Global Partners reaffirmed a “buy” rating on shares of CTO Realty Growth in a research report on Wednesday, July 29th. Finally, Zacks Research upgraded shares of CTO Realty Growth from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th.

Check Out Our Latest Analysis on CTO Realty Growth

Institutional Trading of CTO Realty Growth

Several hedge funds have recently made changes to their positions in CTO. Jane Street Group LLC acquired a new position in CTO Realty Growth during the 1st quarter valued at approximately $1,724,000. JPMorgan Chase & Co. increased its position in CTO Realty Growth by 64.4% in the second quarter. JPMorgan Chase & Co. now owns 163,158 shares of the company’s stock worth $2,816,000 after buying an additional 63,926 shares during the period. Rhumbline Advisers increased its position in CTO Realty Growth by 10.2% in the second quarter. Rhumbline Advisers now owns 55,816 shares of the company’s stock worth $963,000 after buying an additional 5,167 shares during the period. Invesco Ltd. lifted its stake in CTO Realty Growth by 3.4% in the second quarter. Invesco Ltd. now owns 522,721 shares of the company’s stock valued at $9,022,000 after buying an additional 17,334 shares during the last quarter. Finally, Brown Advisory Inc. bought a new stake in CTO Realty Growth in the second quarter valued at $357,000. Institutional investors own 67.18% of the company’s stock.

CTO Realty Growth Price Performance

Shares of CTO opened at $21.96 on Tuesday. CTO Realty Growth has a 52 week low of $15.06 and a 52 week high of $22.71. The company has a current ratio of 8.69, a quick ratio of 8.69 and a debt-to-equity ratio of 0.99. The firm has a market cap of $823.21 million, a price-to-earnings ratio of 16.15 and a beta of 0.60. The stock has a 50 day moving average of $21.66 and a 200-day moving average of $20.31.

CTO Realty Growth (NYSE:CTOGet Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.28. CTO Realty Growth had a return on equity of 8.90% and a net margin of 32.63%.The business had revenue of $43.83 million for the quarter, compared to analyst estimates of $42.31 million. CTO Realty Growth has set its FY 2026 guidance at 2.210-2.250 EPS. As a group, analysts forecast that CTO Realty Growth will post 2.12 EPS for the current year.

CTO Realty Growth Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.52 annualized dividend and a dividend yield of 6.9%. CTO Realty Growth’s dividend payout ratio is 111.76%.

About CTO Realty Growth

(Get Free Report)

CTO Realty Growth, Inc is a publicly traded real estate investment trust (REIT) that specializes in single-tenant net lease properties. The company’s primary focus is on acquiring, owning and managing retail assets leased to creditworthy operators under long-term, triple-net lease agreements. By targeting essential retail segments, CTO Realty Growth seeks to generate stable, inflation-protected income streams while maintaining a disciplined investment approach.

The REIT’s portfolio is concentrated in convenience store and fuel service locations, with additional assets in other retail categories where net lease structures prevail.

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Analyst Recommendations for CTO Realty Growth (NYSE:CTO)

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